SEBI sees no impediment in sharing transfers in Adani-NDTV feud
The Securities and Exchange Board of India (SEBI) has concluded in an internal consultation that RRPR Holding Limited, a promoter arm of news broadcaster New Delhi Television Limited (NDTV), has no direct restraint to three persons from allotting shares to the Adani Group. Is. Said knowledge of regulatory thinking. read more
Ban on export of more wheat related products
The government has decided to curb the export of maida, semolina and flour to check rising prices ahead of the festive season. This comes after a ban on the export of wheat on May 13 and wheat flour—or flour—last week. read more
Bill in the works to expedite CCI approvals for M&As
If the regulator is not adversely affected, investors can get expedited approval from Competition Commission of India (CCI) for mergers and acquisitions within 20 days from the date of intimation of the deal. read more
New conditions likely to apply on country bill
Conditions related to minimum employment and production are likely to be added to the proposed Enterprises and Services Hub (DESH) Bill, which aims to overhaul special economic zones as part of the Department of Commerce’s plan to accommodate revenue concerns. Is. read more
Hyundai Global pulls out battery PLI
Hyundai Global Motors Co Ltd has withdrawn from the production-linked incentive (PLI) scheme for advanced chemical cell battery storage as the South Korean automobile major clarified that it has nothing to do with the company that bid for it. puts on 18,100 crore government scheme. read more
How is the bond market driving Indian companies away from banks?
Top-rated companies are selectively shifting to the bond market for their lending needs, reducing their dependence on banks, as the bond market offers lower interest rates and easier terms. read more
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